July 1, 2020 12:08 PM
Editorial content from Der AUDITOR
Latest News - Organic spices / herbs

Cumin: organic production triples

TEHRAN. Production prospects are highly encouraging in Iran this season with the harvest season still in full swing and the gearing up of cultivation of organic cumin. Market prospects are, however, anything but encouraging. Problem are current market developments, which are proving to be a great challenge.

Production triples in Taybad

The harvest season has started for green cumin, which is mainly produced in the Khorasan Razavi Province. As much as 2,000 hectares have been allocated to the cultivation of green cumin in Taybad alone. Production here is set to triple to more than 800 metric tonnes. Since no chemical fertilisers or pesticides are used, the cumin produced here is entirely organic. Cumin production is highly popular in the area since cultivation requires comparatively little water. Problem is that water resources are low and underground reserves have declined. Cumin production has also risen by 15% to around 2,500 metric tonnes in Sabzevar. This year’s rains prompted farmers to sow on an area of 2,100 hectares.

Prices decline further

The harvest season has prompted a further decline in prices by EUR 1.65-1.93 per kg since last month. Weak demand in the domestic and in the export market, coupled with the devaluation of the Iranian rial have also added pressure to the market.

Black cumin, dried, Iran

Quality

EUR/kg*

Premium Grade

13.13

Grade A

10.38

Grade B

7.94

FOB Iran


*Please note that these reference prices apply to an order volume of 1 metric tonne. Suppliers may offer lower prices for higher volumes.

View more information
price chart, cumin, dried, premium grade, Iran
price chart, cumin, dried, grade A, Iran
more price charts

 

Comments

0 comments total


You comment to this article


Here you see a picture of a current news from Novella Agri.
Der AUDITOR
Editorial content

News
Saffron: Covid-19 jeopardises monopoly
TEHRAN. The saffron market in Iran is still suffering from the impact of the coronavirus crisis. Market players reckon that the situation is so bad that Iran’s position as the world’s leading producer is at stake, along with its monopoly in the export market.
6/30/20
Spice market update: price collapse on the cardamom market
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
6/18/20
Saffron: market plunges into recession
TEHRAN. Restrictions on air travel, market closures and sluggish demand – the coronavirus has plunged the saffron market in Iran into a deep recession. The market mainly depends on exports, which have, however, hit shockingly low figures.
6/16/20
Spice market update: turmeric market recovers
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
6/10/20
Spice market update: downward trend on the chilli market
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
6/5/20
Cumin: harvest is in full swing
TEHRAN. Although the impact of the floods and hailstorms recorded in the Khorasan Razavi province in April are limited, the cumin market in Iran is struggling with the coronavirus crisis and economic problems.
6/3/20
Saffron: demand fails to revive
TEHRAN. The coronavirus crisis has prompted a slump in the saffron market. Problem is that overseas demand has failed to revive in Europe, Asia and in the Middle East and in the Persian Gulf. Market players in Iran reckon that the situation will get worse.
6/2/20
Spice market update: cardamom auctions started again
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
5/28/20
Show more
Harvest dates
Next harvest dates for Cumin
Country
Start of harvest
Turkey
8/1/20
India
2/1/21
Syrian Arab Republic
4/1/21
Iran
5/1/21
China
5/1/21
Egypt
5/1/21
Uzbekistan
6/1/21
Pakistan
7/1/21
Poland
7/1/21
Turkey
8/1/21
Learn more
Crop sizes

Crop sizes for Cumin
Country
Year
Crop size
India
2018
689,000 mt
Turkey
2018
24,195 mt
Lithuania
2018
3,600 mt
Latvia
2018
1,000 mt
Spain
2018
847 mt
Mexico
2018
35 mt
India
2017
500,360 mt
Syrian Arab Republic
2017
39,092 mt
Turkey
2017
19,175 mt
Lithuania
2017
4,500 mt
Learn more

Delete comment?

Are your sure you want to delete the selected comment?

Cancel